Maria Miller opened a law office on July $1,2022.$ On July $31,$ the balance sheet showed Cash $$5,000,$ Accounts Receivable $$1,800,$ Supplies $$400,$ Equipment $$5,900,$ Accounts Payable $$3,800,$ and Owner's Capital $$9,300.$ During August, the following transactions occurred.

$1.$ Collected $$1,500$ of accounts receivable.

$2.$

Paid $$2,800$ cash on accounts payable.

$$Recognized revenue of $$8,400$ of which $$2,500$ is collected in cash and the balance is due in September.

$$ Purchased additional equipment for $$2,300,$ paying $$500$ in cash and the balance on account.$.$ Paid salaries $$1,900,$ rent for August $$1,200,$ and advertising expenses $$4506.$ Withdrew $$900$ in cash for personal us$7.$ Received $$1,000$ from Standard Federal Bank$-$money borrowed on a note payabl$$

$8.$ Incurred utility expenses for month on account $$230.$